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Modeling Moments of Crisis: The Case of Ireland

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  • Stephen Kinsella
  • G. Aliti

Abstract

Ireland has experienced a series of interlocking banking, fiscal, unemployment, and political crises since 2007. We detail the challenges involved in modeling individual moments of the crisis through the lens of balance sheets and transactions matrices among sectors of the Irish society. We conclude with a series of recommendations for models of small open economies.

Suggested Citation

  • Stephen Kinsella & G. Aliti, 2013. "Modeling Moments of Crisis: The Case of Ireland," Journal of Economic Issues, Taylor & Francis Journals, vol. 47(2), pages 561-566.
    • Handle: RePEc:mes:jeciss:v:47:y:2013:i:2:p:561-566
    DOI: 10.2753/JEI0021-3624470230
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    Cited by:

    1. Jesús Ferreiro & Catalina Gálvez & Ana González, 2015. "Fiscal Policies in the European Union during the Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(2), pages 131-155, June.

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